Baosheng Science and Technology InnovationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Baosheng Science and Technology InnovationLtd has a total shareholder equity of CN¥5.0B and total debt of CN¥13.9B, which brings its debt-to-equity ratio to 276.5%. Its total assets and total liabilities are CN¥24.3B and CN¥19.3B respectively. Baosheng Science and Technology InnovationLtd's EBIT is CN¥412.6M making its interest coverage ratio 1. It has cash and short-term investments of CN¥4.1B.
Key information
276.5%
Debt to equity ratio
CN¥13.87b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥4.06b |
| Equity | CN¥5.02b |
| Total liabilities | CN¥19.27b |
| Total assets | CN¥24.29b |
Recent financial health updates
No updates
Recent updates
Baosheng Science and Technology Innovation Co.,Ltd.'s (SHSE:600973) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Dec 20
Baosheng Science and Technology Innovation Co.,Ltd.'s (SHSE:600973) Business And Shares Still Trailing The Industry
Oct 07Insufficient Growth At Baosheng Science and Technology Innovation Co.,Ltd. (SHSE:600973) Hampers Share Price
Jun 06Financial Position Analysis
Short Term Liabilities: 600973's short term assets (CN¥17.2B) exceed its short term liabilities (CN¥15.3B).
Long Term Liabilities: 600973's short term assets (CN¥17.2B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600973's net debt to equity ratio (195.6%) is considered high.
Reducing Debt: 600973's debt to equity ratio has increased from 233.4% to 276.5% over the past 5 years.
Debt Coverage: 600973's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 600973's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:52 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Baosheng Science and Technology Innovation Co.,Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |
| BenHu HE | Ping An Securities Co. Ltd. |